Cal Thomas: Members of Congress have ‘no skin the the game’ (SunJournal)
An Internet search is inconclusive as to where the phrase “no skin in the game” originated. Some ascribe it to the late columnist William Safire; others to investor Warren Buffett. Politicians often use the phrase to justify policies to their liking. It can also be applied to the latest in a long list of their outrageous behaviors, as well as to those of President Obama. Like an increasing number of politicians, the president has never served in the military, nor has he ever run a business. He has never headed a company that needed to make a profit (and thus employ people who create things people wish to purchase). He has likely never had to produce a balance sheet. His entire career — and that of too many other politicians — appears to have been about redistributing other people’s money and organizing “communities” to receive government benefits.
Buffett’s MidAmerican Completes 81-Megawatt Wind Project (BusinessWeek)
MidAmerican Energy Holdings Co., the power provider owned by Warren Buffett’s Berkshire Hathaway Inc., completed an 81-megawatt wind farm in Illinois. MidAmerican Wind’s Bishop Hill II project is about 40 miles (64 kilometers) northwest of Peoria and uses 50 General Electric Co. 1.62-megawatt turbines, according to a statement on the company’s website today. Power from the project is being sold under a 20-year contract with Ameren Corp (NYSE:AEE).